{"id":402979,"date":"2026-01-09T23:29:09","date_gmt":"2026-01-09T23:29:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/402979\/"},"modified":"2026-01-09T23:29:09","modified_gmt":"2026-01-09T23:29:09","slug":"2-healthcare-stocks-that-can-diversify-a-tech-heavy-portfolio","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/402979\/","title":{"rendered":"2 Healthcare Stocks That Can Diversify a Tech-Heavy Portfolio"},"content":{"rendered":"<p>Add some stability to your holdings with these healthcare giants.<\/p>\n<p>The technology sector is an excellent place to find high-growth stocks with promising prospects. However, it is a cyclical sector that doesn&#8217;t perform as well when the economy tanks. It&#8217;s critical for investors to diversify their tech holdings, perhaps by putting their money into more defensive industries that behave differently during downturns.<\/p>\n<p>One such industry is healthcare. And here are two healthcare stocks to consider for diversification, if you are heavily invested in tech stocks: AbbVie (<a href=\"https:\/\/www.fool.com\/quote\/nyse\/abbv\/\" class=\"font-bold hover:underline\" rel=\"nofollow noopener\" target=\"_blank\">ABBV<\/a> 1.81%) and Johnson &amp; Johnson (<a href=\"https:\/\/www.fool.com\/quote\/nyse\/jnj\/\" class=\"font-bold hover:underline\" rel=\"nofollow noopener\" target=\"_blank\">JNJ<\/a> 0.66%).<\/p>\n<p><img alt=\"Doctor talking to patient.\" loading=\"lazy\" width=\"880\" height=\"587\" decoding=\"async\" data-nimg=\"1\" class=\"h-auto max-w-full rounded object-contain\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/1768001348_622_.jpeg\"\/><\/p>\n<p class=\"caption\">Image source: Getty Images.<\/p>\n<p>Recession-resistant businesses<\/p>\n<p>AbbVie and Johnson &amp; Johnson are both <a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/healthcare\/pharmaceutical-stocks\/\" class=\"text-cyan-900 hover:text-cyan-800\" rel=\"nofollow noopener\" target=\"_blank\">pharmaceutical leaders<\/a>. Between them, they develop and market drugs across several therapeutic areas, including oncology, neuroscience, immunology, and more. Many of their products address serious, life-threatening, or chronic conditions &#8212; not the type of thing people will cut first when they need to save money. Even as demand for tech-related products and services fluctuates significantly, theirs remains fairly stable.<\/p>\n<p>That&#8217;s why AbbVie and Johnson &amp; Johnson tend to perform comparatively well in <a href=\"https:\/\/www.fool.com\/investing\/how-to-invest\/what-to-invest-in-recession\/\" class=\"text-cyan-900 hover:text-cyan-800\" rel=\"nofollow noopener\" target=\"_blank\">recessions<\/a>. Now, none of that means they won&#8217;t have their own problems. <a href=\"https:\/\/www.fool.com\/terms\/p\/patent-cliff\/\" class=\"text-cyan-900 hover:text-cyan-800\" rel=\"nofollow noopener\" target=\"_blank\">Patent cliffs<\/a>, competition, and legal troubles (as with Johnson &amp; Johnson&#8217;s lawsuits related to its talc-based products) can all hinder their progress.<\/p>\n<p><img alt=\"AbbVie Stock Quote\" loading=\"lazy\" width=\"64\" height=\"64\" decoding=\"async\" data-nimg=\"1\" class=\"w-full flex-none object-contain\" style=\"color:transparent\"  src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/1768001349_939_.png\"\/><\/p>\n<p>Today&#8217;s Change<\/p>\n<p>(-1.81%) $-4.05<\/p>\n<p>Current Price<\/p>\n<p>$220.08<\/p>\n<p>Key Data Points<\/p>\n<p>Market Cap<\/p>\n<p>$396B<\/p>\n<p>Day&#8217;s Range<\/p>\n<p>$219.00 &#8211; $225.12<\/p>\n<p>52wk Range<\/p>\n<p>$164.39 &#8211; $244.81<\/p>\n<p>Volume<\/p>\n<p>6.7M<\/p>\n<p>Avg Vol<\/p>\n<p>5.7M<\/p>\n<p>Gross Margin<\/p>\n<p>69.68%<\/p>\n<p>Dividend Yield<\/p>\n<p>2.93%<\/p>\n<p>However, AbbVie and Johnson &amp; Johnson have demonstrated their ability to develop newer and better products to circumvent patent cliffs and generate growing revenue and earnings despite competition, and they have achieved this even in recent years. AbbVie overcame the loss of patent exclusivity for Humira, while Johnson &amp; Johnson is performing well despite losing patent protection for Stelara. Johnson &amp; Johnson has another quality investors should take note of.<\/p>\n<p>It boasts a <a href=\"https:\/\/www.fool.com\/investing\/2025\/04\/20\/2-recession-proof-stocks-to-buy-with-a-better-cred\/\" class=\"text-cyan-900 hover:text-cyan-800\" rel=\"nofollow noopener\" target=\"_blank\">higher credit rating than the U.S. government<\/a> and the highest overall. While some may worry about the legal headwinds it has faced in recent years, Johnson &amp; Johnson&#8217;s rock-solid balance sheet means it is unlikely to hit serious financial troubles even in a severe economic downturn.<\/p>\n<p><img alt=\"Johnson &amp; Johnson Stock Quote\" loading=\"lazy\" width=\"64\" height=\"64\" decoding=\"async\" data-nimg=\"1\" class=\"w-full flex-none object-contain\" style=\"color:transparent\"  src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/1768001349_364_.png\"\/><\/p>\n<p>Today&#8217;s Change<\/p>\n<p>(-0.66%) $-1.36<\/p>\n<p>Current Price<\/p>\n<p>$204.39<\/p>\n<p>Key Data Points<\/p>\n<p>Market Cap<\/p>\n<p>$496B<\/p>\n<p>Day&#8217;s Range<\/p>\n<p>$204.01 &#8211; $206.70<\/p>\n<p>52wk Range<\/p>\n<p>$140.68 &#8211; $215.19<\/p>\n<p>Volume<\/p>\n<p>6.2M<\/p>\n<p>Avg Vol<\/p>\n<p>8.5M<\/p>\n<p>Gross Margin<\/p>\n<p>68.27%<\/p>\n<p>Dividend Yield<\/p>\n<p>2.50%<\/p>\n<p>Impressive dividend programs<\/p>\n<p>Here&#8217;s something else that makes AbbVie and Johnson &amp; Johnson great options to diversify a tech-heavy portfolio: their outstanding dividend track records. When accounting for the time it spent as a division of Abbott Laboratories, AbbVie has increased its dividend payouts for 54 consecutive years, while Johnson &amp; Johnson&#8217;s parallel streak stands at 63. That means both are <a href=\"https:\/\/www.fool.com\/investing\/stock-market\/types-of-stocks\/dividend-stocks\/dividend-kings\/\" class=\"text-cyan-900 hover:text-cyan-800\" rel=\"nofollow noopener\" target=\"_blank\">Dividend Kings<\/a>, or companies that have increased their dividends for at least 50 consecutive years.<\/p>\n<p>That is a great sign of a business that can navigate any challenge. And that&#8217;s another reason these are excellent stocks to buy for diversification purposes, especially as the regular, growing payout can help smooth out market losses in a downturn.<\/p>\n<p><a href=\"https:\/\/www.fool.com\/author\/20111\/\" class=\"text-cyan-900 hover:text-cyan-800\" rel=\"nofollow noopener\" target=\"_blank\">Prosper Junior Bakiny<\/a> has positions in Johnson &amp; Johnson. The Motley Fool has positions in and recommends AbbVie and Abbott Laboratories. The Motley Fool recommends Johnson &amp; Johnson. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" class=\"text-cyan-900 hover:text-cyan-800\" rel=\"nofollow noopener\" target=\"_blank\">disclosure policy<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Add some stability to your holdings with these healthcare giants. The technology sector is an excellent place to&hellip;\n","protected":false},"author":2,"featured_media":402980,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[64,63,137,500],"class_list":{"0":"post-402979","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-healthcare","8":"tag-au","9":"tag-australia","10":"tag-health","11":"tag-healthcare"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/402979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=402979"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/402979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/402980"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=402979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=402979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=402979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}